Lyric discussion by seabird 

Cover art for

I guess this song is about a past or current relationship which isn't doing any good to the narrator

("But have you seen my heart? Have you seen how it bleeds? And the nights are so long baby Out here in the deep")

So what he's doing is he listens to his favourite artists/records (He refers to them as "All my friends", maybe the only ones who are left) on vinyl ("Drop the needle again", "Turn the record over") which obviously tell him to let her go and to "let somebody else lay at her feet".

My Interpretation